TBSI, ACTG, XTXI, AMCC, CAST, TQNT. Top Gainers With Lowest Price Friction In Morning Trade Today
June 24, 2009 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for June 24, 2009. Since late October market makers are now required to be on the bid as much as they are on the offer and for like amounts of stock. This fair market making requirement is designed to prevent market makers from manipulating stock prices. Here is a list of the top companies with the largest gains this morning and lowest price friction (bullish). This means that there was more buying than selling in the stocks and their stock prices rose faster with less Friction. TBS International (NASDAQ: TBSI), Acacia Research (NASDAQ: ACTG), Crosstex Energy (NASDAQ: XTXI), Applied Micro Circuits (NASDAQ: AMCC), ChinaCast Education (NASDAQ: CAST) and TriQuint Semiconductor (NASDAQ: TQNT). To access Friction Factor, Naked Short Data and SqueezeTrigger Prices on all stocks please visit http://www.buyins.net .
Market Maker Friction Factor is shown in the chart below:
Symbol Change % BuyVol Buy% SellVol Sell% NetVol Friction
TBSI $0.81 11.89% 136,278 64.54% 74,859 35.46% 61,419 758
ACTG $0.78 11.59% 103,548 60.41% 67,872 39.59% 35,676 457
XTXI $0.70 22.73% 200,556 51.62% 187,992 48.38% 12,564 179
AMCC $0.64 9.30% 143,774 56.69% 109,543 43.19% 34,231 535
CAST $0.61 10.15% 69,836 61.36% 43,978 38.64% 25,858 424
TQNT $0.57 12.05% 490,675 63.90% 277,211 36.10% 213,464 3,745
Click here to view chart:
Analysis of the Friction Factor chart above shows that each of the six stocks mentioned above have high net dollar gains (Change) and very low price friction in their stocks. The Friction Factor displays how many more shares of buying than selling are required to move a stock higher by one cent or how many more shares of selling than buying moves a stock lower by 1 cent.
For example, the chart above shows TBSI with a dollar gain this morning of +$0.81 and a Friction Factor of 758 shares. That means that it only takes 758 more shares of buying than selling to move TBSI higher by one penny. The Market Makers are currently allowing the stock to rise quickly (low friction). The combination of low friction and positive market direction can drive prices higher much faster than normal.
TBS International Limited (NASDAQ: TBSI), together with its subsidiaries, engages in the ocean transportation of dry cargo through owned and chartered vessels. It offers liner, parcel, bulk, and vessel chartering services. The company operates a fleet of multipurpose tweendeckers, and handysize and handymax bulk carriers that carry steel products, salt, sugar, grain, fertilizers, chemicals, metal concentrates, aggregates, and general cargo. It operates its business around trade routes between Latin America and Japan, and South Korea and China, as well as ports in North America, Africa, the Caribbean, and the Middle East. The company also provides cargo scheduling, loading, and discharge services. It serves industrial shippers in various markets, including mining companies, steel manufacturers, trading companies, heavy industry, industrial equipment enterprises, and construction companies. As of December 31, 2008, the company operated 47 controlled fleet vessels, including 45 owned ships and 2 ships charter-in with an option to purchase. TBS International Limited was founded in 1993 and is based in Hamilton, Bermuda.
Acacia Research Corporation (NASDAQ: ACTG), through its subsidiaries, acquires, develops, licenses, and enforces patented technologies in the United States. It assists patent owners with the prosecution and development of their patent portfolios, the protection of their patented inventions from unauthorized use, the generation of licensing revenue from users of their patented technologies, and the enforcement against unauthorized users of their patented technologies. The company owns or controls the rights to 91 patent portfolios, which include primarily the United State�s patents, covering technologies used in various industries. It serves individual inventors, and small and large companies. The company was founded in 1992 and is based in Newport Beach, California. Acacia Research Corporation operates as a subsidiary of Acacia Research Corp., prior to Split-off of CombiMatrix Corp.
Crosstex Energy, Inc. (NASDAQ: XTXI), through its partnership interest in Crosstex Energy, L.P., engages in gathering, transmission, treating, processing, and marketing natural gas and natural gas liquids (NGLs) in the United States. The company connects the wells of natural gas producers in its market areas to its gathering systems; treats natural gas to remove impurities; processes natural gas for the removal of NGLs; fractionates NGLs into purity products; and transports natural gas to various markets. It also purchases natural gas from natural gas producers and other supply points; and sells that natural gas to utilities, industrial consumers, other marketers, and pipelines. In addition, it operates processing plants that process gas transported to the plants by interstate pipelines or from its own gathering systems. Further, the company purchases natural gas from producers not connected to gathering systems for resale and sells natural gas on behalf of producers. As of December 31, 2008, it operated approximately 5,700 miles of natural gas gathering and transmission pipelines, 12 natural gas processing plants, 4 fractionators, and 200 treating and dew point control plants. The company was founded in 1996 and is based in Dallas, Texas.
Applied Micro Circuits Corporation (NASDAQ: AMCC) designs, develops, markets, and supports integrated circuits for processing, transporting, and storing of information worldwide. It offers integrated communications products that include physical layer products, which transmits and receives signals in a high-speed serial format, and converts high-speed serial formats to low-speed parallel formats; framer and mapper products, which transmits and receives signals to and from the physical layer in a parallel format; and embedded processor products for wireless infrastructure, wireless LAN, and high-end storage markets. The company�s integrated communications products also include packet processing products, which receives and transmits signals to and from the framing layer and perform the processing of packet and cell headers; and cell switching products, which include packet routing switch fabric devices. Its products are used in wireline and wireless communications equipment, such as wireless access points, wireless base stations, multi-function printers, edge switches, gateways, metro transport platforms, core switches, and routers. The company has operations in North America, Europe, and Asia. Applied Micro Circuits Corporation was founded in 1979 and is headquartered in Sunnyvale, California.
ChinaCast Education Corporation (NASDAQ: CAST), together with its subsidiaries, operates as an e-learning and training services provider in the Peoples Republic of China. Its e-learning education services include interactive distance learning applications, multimedia education content delivery, vocational/career training courses, and English language training. The company provides these services through its nationwide satellite broadband network, as well as through traditional bricks and mortar schools to post-secondary educational institutions, K-12 schools, government agencies, and corporate enterprises. ChinaCast also provides bachelor and diploma programs in finance, economics, trade, tourism, advertising, information technology, music, and foreign languages. The company was founded in 1999 and is headquartered in Beijing, the People�s Republic of China.
TriQuint Semiconductor, Inc. (NASDAQ: TQNT) supplies modules and components for communications applications, as well as offers foundry services to communications companies worldwide. The company designs its products on various wafer substrates, such as compound semiconductor materials, including gallium arsenide and piezoelectric crystals. It primarily operates in the handsets, networks, and military systems markets. The company�s products for the handsets market include transmit modules, power amplifier modules, duplexers, switches, and integrated products. It provides customer premise equipment, wireless local area networks, worldwide interoperability for microwave access networks, global positioning satellite, Bluetooth, cable television, microwave radio, satellite, groundstation, and optical communications for the networks market. The company�s network products for the military market include power amplifiers, low noise amplifiers, switches, fixed frequency and voltage controlled oscillators, filters, and attenuators for use in active array radar, missiles, electronic warfare, and space communications systems, as well as in commercial applications comprising wireless telephone applications, optical fiber links and switching networks, millimeter wave radios, phased-array radar, and satellite links. TriQuint Semiconductor, Inc. also provides packaged products, die-level ICs, and multi-chip modules that are used in diverse communications and phased array radar, including ship-based, airborne, and battlefield systems, as well as sat-com, electronic warfare, and guidance applications. In addition, it offers foundry services, such as design, wafer fabrication, test engineering, package engineering, assembly, and test. TriQuint Semiconductor, Inc. markets its products through independent manufacturer�s representatives, independent distributors, and direct sales staff. The company was founded in 1981 and is headquartered in Hillsboro, Oregon.
About BUYINS.NET
WWW.BUYINS.NET is a service designed to help bonafide shareholders of publicly traded US companies fight naked short selling. Naked short selling is the illegal act of short selling a stock when no affirmative determination has been made to locate shares of the stock to hypothecate in connection with the short sale. Buyins.net has built a proprietary database that uses Threshold list feeds from NASDAQ, AMEX and NYSE to generate detailed and useful information to combat the naked short selling problem. For the first time, actual trade by trade data is available to the public that shows the attempted size, actual size, price and average value of short sales in stocks that have been shorted and naked shorted. This information is valuable in determining the precise point at which short sellers go out-of-the-money and start losing on their short and naked short trades.
BUYINS.NET has built a massive database that collects, analyzes and publishes a proprietary SqueezeTrigger for each stock that has been shorted. The SqueezeTrigger database of nearly 2,550,000,000 short sale transactions goes back to January 1, 2005 and calculates the exact price at which the Total Short Interest is short in each stock. This data was never before available prior to January 1, 2005 because the Self Regulatory Organizations (primary exchanges) guarded it aggressively. After the SEC passed Regulation SHO, exchanges were forced to allow data processors like Buyins.net to access the data.
The SqueezeTrigger database collects individual short trade data on over 7,000 NYSE, AMEX and NASDAQ stocks and general short trade data on nearly 8,000 OTCBB and PINKSHEET stocks. Each month the database grows by approximately 50,000,000 short sale transactions and provides investors with the knowledge necessary to time when to buy and sell stocks with outstanding short positions. By tracking the size and price of each month�s short transactions, BUYINS.NET provides institutions, traders, analysts, journalists and individual investors the exact price point where short sellers start losing money and a short squeeze can begin.
All material herein was prepared by BUYINS.NET, based upon information believed to be reliable. The information contained herein is not guaranteed by BUYINS.NET to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. None of the companies in this report have paid to be included in this report. From time to time we will mention a company that may have previously paid $995 per month for market data purchased from BUYINS.NET. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. BUYINS.NET is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein. BUYINS.NET will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.
BUYINS.NET, FRICTION FACTOR and SQUEEZETRIGGER are intended for use by stock market professionals. As a member, visitor, or user of any kind, you accept full responsibilities for your investment and trading actions. The contents of BUYINS.NET, including but not limited to all implied or expressed views, opinions, teachings, data, graphs, opinions, or otherwise are not predictions, warranty, or endorsements of any kind. Please seek stock market advice from the proper securities professional, or investment advisor.
By visiting BUYINS.NET or using any data or services, you agree to assume full responsibility for the decisions or actions that you undertake. BUYINS.NET, LLC, its owner(s), operators, employees, partners, affiliates, advertisers, information providers and any other associated person or entity, shall under no circumstances be held liable to the user and/or any third party for loss or damages of any kind, including but not limited to trading losses, lost trading opportunity, direct, indirect, consequential, special, incidental, or punitive damages. As a user, you agree that any damages collected shall not exceed the amount paid to BUYINS.NET and/or its owners. As a website user, you agree that any and all legal matters of any kind are to be reviewed and handled in their entirety within the State of California only. By using the services of this website, you are consenting to the terms as outlined, and forfeit all legal jurisdictions in any other State.
Past performance is not a guarantee of future outcomes. Any and all examples are hypothetical and should not be considered a guarantee or endorsement of such trading activity. BUYINS.NET does not take responsibility for problems of any kind, including but not limited to issues with operations, data accuracy or completeness, contacting issues, technical issues, and timeliness. BUYINS.NET places great integrity on the data collected and distributed. This information is deemed reliable, but not guaranteed. All information and data is provided "as is" without warranty or guarantee of any kind.
Please seek investment and/or trading advice, council, information or services from a securities professional. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and BUYINS.NET undertakes no obligation to update such statements.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the SEC.
Contact: Thomas Ronk, CEO www.BUYINS.net +1-800-715-9999 Tom@buyins.net